GPR geopacific resources ltd

Ann: Annual Report - 2021, page-5

  1. 2,582 Posts.
    lightbulb Created with Sketch. 1394
    What a complete joke - just look at the remuneration report (if you have a strong stomach and a warped sense of humour)
    The MD total remuneration is almost twice Australia's PM package .... this guy was supposed to rescue not sink the company !!!
    Ditto Mr M Smith - these guys work out of a Brisbane office, far away from the travails of PNG.
    Well its not a complete loss - at least the islanders got a lot of free new houses, and despite not getting anywhere near fully vaccinated (as promised by GPR) the island is now a no-go area as COVID isolation is a by-product of GPR's commercial failure.
    Selling this dog days before it was suspended was one my 2021 highlights.
    It will remain on my leper list indefinitely. Condolences to all those who have dead money in GPR.
    If anyone is contemplating a class action against the BOD and management, I would be interested in participating.

    https://hotcopper.com.au/data/attachments/4300/4300888-524a1508c4a2c87b8edeb31bafddaa01.jpg
    Last edited by MIStragic: 29/04/22
 
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